Stock Markets Exposed

I have a 1000 dollars invest what are some good penny stock/stocks to invest in?

Iam new to investing and not really sure where to start i was thinking of putting 1000 dollars into Sharper image which was at 15 cents per share then went up to 23 per share today. If this is not a good investment what are some good investments like penny stocks or where should i start. also could you give me the symbol of some good investment stocks to maybe look up.

Public Comments

  1. Apple is a good stock to invest in from what I have read. The symbol is APPL.
  2. it depends on you if you are a risk taker or a risk averse. If you think of share investment as a gamble, you could do anything you want. However, i suggest you to have a look at the future prospect or future performance forecast of different companies since that info always influence the share price in the future.
  3. Most penny stocks suffer from the same issue (they really have no value and it's a guessing game whether you will lose all your money or not): just like i just told sackking32 (who just asked the same question...worded the same way): "NOOO! They are currently in bankruptcy court. Bankruptcy courts almost always allow such companies to dismiss all of the common shares (which means all those shares will be worth literally nothing when they make it through bankruptcy)." You would probably do better with an international fund. If you want stocks, you probably want is some quality stocks. Apple does well, Boeing has a history of doing well and is down pretty far now, Cocacola might not make you much (but it's stable), etc.
  4. You take risk with any stock and the way the stock market is going, I wouldn't take any chances today, tomorrow or ever. Just open a savings account and add to it every time you get paid. The interest might not be great, but at least it's guaranteed to 100,000. Better to be safe than sorry later.
Powered by Yahoo! Answers